Revenue License Fee Definition

Licensing revenues are a significant source of revenue for several publicly traded companies.

Revenue license fee definition. However the company s fiscal year ends on may 31. In addition to funding bbc programmes and services. Assume that intellectual property is physically delivered and payment is received on december 20 upon the registrant s consummation of an agreement granting its customer a license to use the intellectual property for a term beginning on the following january 1. Open reopen a business 90 if you are opening the first location of a new business ubi or re opening a business ubi that has no active locations.

A non refundable business license application processing fee is required for each application received in addition to applicable endorsement or trade name fees. Meaning of license fee. So the company using accrual accounting adds only five months worth 5 12 of the fee to its revenues in profit and loss for the fiscal year the fee was received. It included revenue from internet telephony but excluded revenue from internet access and content.

What does license fee mean. The licence fee allows us to provide a wide range of tv radio and online content as well as developing new ways to deliver it to you. For example a company receives an annual software license fee paid out by a customer upfront on january 1. For example a major source of income for the publicly traded company dolby laboratories is the.

A licensing fee is an amount of money paid to an entity for the right to engage in a certain line of business or to use a copyrighted item.